Downtown Miami’s Ingraham Garage changes hands

The Ingraham Garage in downtown Miami changed hands last week, The Real Deal has learned.

A client advised by LaSalle Investment Management purchased the 630-space parking garage, which includes 14,447 square feet of ground-floor retail space, according to HFF, which marketed the property on behalf of seller Miami Parking Ventures. HFF did not disclose the sale price. The transaction closed on Thursday and has not been recorded by Miami-Dade County.

The garage is located at 225 Southeast Second Street, near downtown’s Bayfront Park and across from the Metropolitan Miami complex.

Miami Parking Ventures is controlled by Osprey Investment Company, the capital markets and acquisition arm of the Osprey Group of Companies.